Middle East and Africa Express Delivery Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Destination, Business Type, and End-user

International Market to be the Fastest Growing Segment in the MEA Express Delivery Market during 2019-2027

According to this research study titled “MEA Express Delivery Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Destination, Business Type, and End- users,” the market is expected to reach US$ 7507.94 million by 2027 from US$ 6,626.23 million in 2020. The market is estimated to grow at a CAGR of 1.8% from 2020 to 2027. The report provides trends prevailing in the MEA express delivery Market along with the drivers and restraints pertaining to the market growth. Heavy investments by companies on same-day delivery of consumer goods, upraising adoption of e-commerce among the population and rising adoption of express delivery to offer better customer experience are the major factor driving the growth of the express delivery market. However, expensive pricing associated with express delivery hinder the growth of express delivery market.

South Africa, Morocco, Egypt, the UAE, Saudi Arabia and Kuwait are the main countries facing the economic effects of COVID-19 in the Middle East and African region. It is becoming clear with the COVID-19 pandemic spreading through the above-mentioned countries that few can avoid its effects, posing major challenges for all sectors. The outbreak has led to more people staying indoors across the region, thereby, negatively impacting the express delivery market both locally and internationally. However, the express delivery services across the region were available for necessary products such as medicines and food and beverages. The express delivery market across the region was also impacted due to the shortage of labor across the region. The availability of rails, trucks and cargo were all impacted firstly due to the restrictions imposed by the local federal government to combat the spread of the virus and secondly due to the shortage of labor. Thus, the above mentioned factors are negatively impacting the express delivery market across the region owing to the outbreak of the corona virus pandemic.

MEA express deliver market is segmented based on destination, business type, and end users. Based on destination, the MEA express delivery market based on destination is segmented into domestic and international. The domestic sector accounted for the highest share in the market in 2019 and International sector is expected to be fastest growing during forecast period. Based on business type is segmented into B2B and B2C. The B2B segment accounted for the highest share in 2019 and B2C sector is expected to be the fastest growing during forecast period. Based on end-user the market is segmented into Automotive, Retail and E-commerce, Pharmaceuticals, BFSI, IT and Telecom, Electronics, and Others. The automotive segment accounted for the highest share in 2019 and retail and automotive sector is expected to be the fastest growing during forecast period.

Amazon.com, Inc.; Aramex; DHL International GmbH; FedEx Corporation; TNT Holdings B.V.; and United Parcel Service of America, Inc. are among the leading companies in the MEA express deliver market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive express delivery market. For instance, Amazon.com, Inc. keeps buying jets to move closer to a 30-minute delivery dream. As last week, Amazon announced it was buying 11 Boeing 767-300 jets for its air-cargo division, mostly to get products to prime subscribers.

The report segments the MEA Express Delivery Market as follows:

MEA Express Delivery Market - By Destination

• Domestic
• International

MEA Express Delivery Market - By Business Type

• B2B
• B2C

MEA Express Delivery Market - By End-user

• Automotive
• Retail and E-commerce
• Pharmaceuticals
• BFSI
• IT and Telecom
• Electronics
• Others

MEA Express Delivery Market - By Country

• UAE
• Saudi Arabia
• South Africa
• Rest of MEA